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May 15, 2024  
 
 
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Loan Census SBA Loan Info

San Juan, Bank Gives SBA Loan to Photographic Equipment And Supplies Company

Get business loans from a San Juan, bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Economic Devel Bank For Puerto R is a San Juan, small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a company.

SBA Loan Borrower

COMPANY TYPE: PHOTOGRAPHIC EQUIPMENT AND SUPPLIES
CANOVANOS, PR 00729

SBA Loan Lender

ECONOMIC DEVEL BANK FOR PUERTO R
638 ALDEBARAN ST, RIO PIEDRAS
SAN JUAN, PR 00920

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3861 - Photographic Equipment and Supplies

NAICS Code

333315 - Photographic and Photocopying Equipment Manufacturing

Loan Approval Date

6/4/2001

Loan Approval Gross Amount

$413,074

Loan Approval from the SBA

Of the total $413,074 loan amount, the SBA guaranteed $309,806.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Economic Devel Bank For Puerto R are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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